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Anne Lindner Gaming Guru - Page 9Alderney Adopts Changes, Sportingbet Leaves27 August 2002
Sportingbet plc is no longer accepting sports bets under its Alderney license, a move that one British newspaper says follows Alderney's decision to forbid licensees to accept bets from Americans.
In July Sportingbet relocated its European operations to London from Alderney and since then all of the bets it accepts from Europe are being taken under its U.K. ... (read more)
Putting Advertisers in the Driver's Seat26 August 2002
In the worlds of betting and gambling, fortunes can be made and lost in seconds. Now gaming executives can change their online advertisements in seconds, too.
Connextra, a United Kingdom-based technology company, has developed software that enables online advertisements to be edited and updated in real time and without the need for a production team or re-trafficking. ... (read more)
Q & A: Lewis Rose, CryptoLogic22 August 2002
Lewis Rose joined CryptoLogic as its interim president and CEO on July 15. He most recently was the CEO of E-tv Interactive Technologies Inc., which provides interactive television and Internet services. He has also been president of Alliance Atlantis Communications and the Maple Leaf Foods' Grocery Products ... (read more)
PayPal, Spitzer Come to Terms21 August 2002
New York Attorney General Eliot Spitzer has extracted another promise and another payday from a company with Internet gambling connections.
PayPal announced today that it has reached a settlement with Spitzer regarding his subpoena of the company. PayPal is agreeing to block all illegal Internet gambling transactions from New Yorkers as of Sept. ... (read more)
EFTA Asks Norway to Level the Playing Field16 August 2002
Regulators with the European Free Trade Agreement are asking that Norway either impose a tax on its local lotteries or give tax exemptions to foreign lotteries.
The group is saying that Norway gives a competitive advantage to its own lottery by making the winnings tax free and making Norwegians' awards ... (read more)
A Familiar Quandary Surfaces Down Under16 August 2002
Banks in Australia are facing the same problem American banks face with Internet gambling.
It's dicey for them to accept online casino gambling transactions, but difficult for them to identify and decline every single attempted wager, especially when the purchase is not coded correctly. ... (read more)
CryptoLogic Seeks Profit via International Strategy14 August 2002
Lewis Rose, interim president and CEO of CryptoLogic Inc., told investors this morning that the company is embarking on a "back to basics"-style plan to return to profitability that will include pursuing alternate payment methods and expansion into non-U.S. markets.
"While this focus on financial strength will not change, what has changed is the financial market... ... (read more)
Curacao Seeks Decentralization of I-Gaming Regulations10 August 2002
Change is on the way in Curacao, where the Curacao Gaming Control Board has asked the central government of the Netherlands Antilles to decentralize the regulation of the island's Internet gambling industry.
A group of online gaming operators and gaming service providers in Curacao, which is one of the ... (read more)
Daily Nambling Notes - Aug. 9, 20019 August 2002
New Stuff -- British bookmaking behemoth Sportingbet launched its very own person-to-person betting site today, and in doing so entered a Betfair-dominated market where upstart challengers seem to sprout weekly. The site, Sportingbet121, is a joint venture with P2P veteran TradingSports.
Tidbit from Down ... (read more)
Another Step Toward Reform in England9 August 2002
A committee of the U.K. House of Commons announced recently that deregulation of the country's gambling industry will not result in a massive surge in people's interest in gambling.
"We are not convinced that deregulation will create a huge new interest in gambling as a leisure industry, ... (read more)
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